Turn-Key Mixed-Use Property
For Sale
$234,500
144 Fairground Ave, Hagerstown, MD 21740
Remodeled mixed-use property near Fairground Park with apartment and retail space.
Days on Market462
Property Features for 144 Fairground Ave
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$1,778
Building Details
Year Built
1908
Listing Agency:
CENTURY 21 REDWOOD REALTY
(321) 239-0184
Listed By:
ADAM L KOHN
Source:
Corcoran
Added: Apr 25, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 REDWOOD REALTY
Investment Insights
Based on property information with market context.
This turn-key mixed-use property offers an investment opportunity in an excellent location near Fairground Park. The property features a newly remodeled (2018) two-bedroom apartment with 1200 square feet of functional living space, including flooring, an oversized main bedroom, a large living room, and an upper loft bonus room with a closet. A brand new washer and dryer are included. The main level contains a recently renovated (2018) retail/salon space with a restroom. An attached brick warehouse space provides secure double door access for loading and features above-ground storage and a fireproof drywall system. The warehouse has a full basement and bathroom. A large parking lot at 711 N. Mulberry St. accommodates over 7 vehicles. There are two garages, one with 3-bays and another with 2-bays, each equipped with a newer metal roof and a separate electric meter. The apartment is rented for $1200, and the garages generate $750 total. The hair/nail salon has new tenants and rents for $800 per month.
Key Highlights
- Mixed‑use property offering income potential from apartment, retail/salon space, and garages.
- Large parking lot (711 N. Mulberry St.) accommodating over 7 vehicles.
- Newly remodeled (2018) two‑bedroom apartment with 1200 sq ft, loft, and new washer/dryer.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
594
Businesses Nearby
Explore this area
Business Placement
Demographics for 21740, MD
65,619
Population
27,002
Households
2.4
Avg Household Size
39
Median Age
20%
College-Educated
86%
High-School Grad
70.9 sq mi
ZIP Area
926
Density / Sq Mi
$59,410
Median Household Income
$42,159
Median Earnings
$1,031
Median Rent
$241,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Remodeled mixed-use property near Fairground Park with apartment and retail space.
Where is this mixed-use property located?
The property is located at 144 Fairground Ave Hagerstown, MD.
What is the asking price?
The asking price for this property is $234,500.
What are key features of this property?
This property features: Mixed‑use property offering income potential from apartment, retail/salon space, and garages.; Large parking lot (711 N. Mulberry St.) accommodating over 7 vehicles.; Newly remodeled (2018) **two‑bedroom apartment with 1200 sq ft, loft, and new washer/dryer.**
